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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P 500 Industrials (Sector) (CME:SP500-20)
Sidelines Mode (-55) - SP500-20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500-20
The long-term trend has been UP since Aug 23rd, 2024 at 1092.15
The intermediate-term trend has been DOWN since Dec 12th, 2024 at 1163.85
The short-term trend has been UP since Dec 24th, 2024 at 1136.00
Smart Scan Analysis for SP500-20
Based on our trend formula, SP500-20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1133.52 | 1140.05 | 1131.43 | 1137.55 | +0.86 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1136.69 | 54577632 | 2024-12-26 15:15:14 |
| 52wk High | 680.89 | 52wk High Date | 2018-01-29 |
| 52wk Low | 563.06 | 52wk Low Date | 2018-10-29 |